• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
Telegram will release its own currency on the TON platform

Telegram will release its own currency on the TON platform

user avatar

by Eve Adams

2 years ago


Starting June 12, the Telegram messenger will introduce an internal currency, Telegram Stars, for purchasing digital goods and services in bots and mini-apps. The company has notified developers about this innovation.

This initiative follows a warning from Apple regarding a violation of App Store policies, which prohibit accepting internal payments, including cryptocurrencies. Otherwise, bots and mini-apps could be removed.

Users will be able to purchase the new currency on the App Store or Google Play and use it for digital purchases. Payments for physical goods and services will remain unchanged. Developers will be able to withdraw Telegram Stars through the TON blockchain at any time.

Bot owners reacted negatively to the news, pointing out the 30% commission Apple takes from each payment.

It turns out that Telegram earns dollars from users who buy Telegram Stars, and then gives developers and bot owners tokens in the form of the unstable TON currency,wrote the author of the channel "Marzaganov Broadcasting."

"Kod Durova" suggested that the old scheme for purchasing digital goods and services would remain available in app versions downloaded outside the App Store and Google Play.

Previously, Telegram founder Pavel Durov reported that Apple had demanded to restrict access to content for Ukrainian users on iOS.

In April, at the Token2049 conference, Durov announced the possibility of purchasing digital goods with cryptocurrency in Telegram, promising sellers 70% of the revenue. The messenger also introduced a feature to send tips to content creators in digital assets.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Strive Asset Management Introduces Innovative Bitcoin-Backed Securities

chest

Strive Asset Management has launched SATA preferred shares, the first listed US security to pay daily dividends, with a 13% annualized rate, aiming to reshape perceptions of money and credit.

user avatarTenzin Dorje

Samsung Affiliates Invest in Leading Crypto Exchange Dunamu

chest

Three Samsung affiliates announced a combined acquisition of a 4% stake in Dunamu, operator of South Korea's leading crypto exchange, Upbit, for approximately 408 million USD.

user avatarBayarjavkhlan Ganbaatar

Worldcoin's Price Reversal Following Initial Surge

chest

Worldcoin's price has fallen back after reaching an 11-week high, raising concerns about the sustainability of the rally.

user avatarElias Mukuru

Worldcoin Experiences Surge in Onchain Activity Amid Price Rally

chest

Worldcoin's recent price rally led to a significant increase in onchain activity, including whale transactions and new wallet creations.

user avatarMohamed Farouk

AI Tools Increasing Threats to DeFi Security, Experts Warn

chest

Experts warn that AI-powered coding tools are enabling attackers to exploit vulnerabilities in DeFi protocols at unprecedented speed.

user avatarKenji Takahashi

Attackers Exploit DeFi Vulnerabilities, Draining $200,000 from Uniswap V3

chest

Attackers exploited vulnerabilities in DeFi protocols, draining $200,000 from Uniswap V3.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.